• State Auditor again issues warning on $910 million FI$CAL project

    January 5th, 2017 by admin Categories: Blogs Tags: , ,

    The California State Auditor today in her legislatively mandated annual FI$CAL review reported that the project “continues to face scheduling challenges, despite having significantly extended its schedule and increased its budget in its sixth Special Project Report (SPR) less than a year ago… That sixth SPR extended the project’s implementation schedule by two years, pushing out the completion date from July 2017 to July 2019. It also increased the total estimated project cost to $910 million—representing a $237 million increase from the fifth SPR’s projection of $673 million as of January 2014.”

    Here’s link to full report: http://auditor.ca.gov/reports/2016-039/index.html

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